Import Export Services (GRP) Limited
Registered name: IMPORT EXPORT SERVICES (GRP) LIMITED
Part of Stornord Ltd groupImport Export Services (GRP) Limited made £13.8m revenue and £141k profit in the year to 31 Mar 2025.
Import Export Services (GRP) Limited’s revenue fell 9% to £13.8m in the year to 31 Mar 2025, with £141k profit and 79 employees. The company is classified under “installation of industrial machinery and equipment” and is based in Bristol; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Bristol, South West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £10.4m | £14.8m | £15.1m | £13.8m |
| Cost of sales | £6.6m | £10.6m | £11m | £9.7m |
| Gross profit | £3.7m | £4.2m | £4m | £4.1m |
| Operating profit | £744k | £332k | £237k | £333k |
| Profit before tax | £719k | £773k | £248k | £204k |
| Profit after tax | £578k | £629k | £139k | £141k |
| Profit (best available) | £578k | £629k | £139k | £141k |
| Staff costs | £4m | £5.2m | £5.3m | £5.2m |
| Employees (average) | 68 | 76 | 84 | 79 |
| Ratios | ||||
| Profit margin | 5.6% | 4.2% | 0.9% | 1% |
| Gross margin | 36% | 28.6% | 26.7% | 29.5% |
| Revenue per employee | £152k | £195k | £179k | £174k |
| Profit per employee | £8.5k | £8.3k | £1.7k | £1.8k |
| Cash conversion | −52.8% | 215.1% | 589.7% | −64.7% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲43.2% | ▲1.5% | ▼8.6% |
| Profit growth | — | ▲8.9% | ▼77.9% | ▲0.9% |
| Headcount growth | — | ▲11.8% | ▲10.5% | ▼5.9% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £50.5k | £102k | £51.2k | £61k |
| Net assets | £2.4m | £2.2m | £3.6m | £3.3m |
| Fixed assets | £3.5m | £3.4m | £5.2m | £5.6m |
| Current assets | £378k | £422k | £388k | £526k |
| Debtors | £327k | £321k | £7.2k | £465k |
| Cash from operations | −£393k | £714k | £1.4m | −£215k |
| Source | Accounts · bulk data Mar 2024 | Accounts · bulk data Mar 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 1%
- Profit ÷ revenue.
- Gross margin
- 29.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £174k
- Revenue ÷ average employees.
- Profit per employee
- £1.8k
- Profit ÷ average employees.
- Cash conversion
- −64.7%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 40.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 3.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼7%
- Now £3.3m
- Cash at bank
- ▲19%
- Now £61k
- Headcount
- ▼6%
- Now 79
- Deferred income
- —
- Now —
- Fixed assets
- ▲7%
- Now £5.6m
Group structure
Ownership chain
- Stornord Ltdultimate parent75–100%
- Import Export Services (GRP) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Import Export Services LtdRev. £13.7m · Profit £139k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £141k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.